North Sea

Speak up in support of North Sea, McCaig tells Scots Tories

Aberdeen MP Callum McCaig will today urge the Scottish Tories to reach out to their Westminster colleagues to ensure incentives for encouraging North Sea exploration are brought forward in the Autumn Statement. The SNP energy spokesman accused Ruth Davidson and her MSPs of staying "silent" on the issue.

Other News

Nigeria to split long-delayed petroleum bill to speed passage

Nigeria’s government plans to split an oil- industry bill stuck in parliament for seven years and resubmit it to lawmakers after it held up reforms and deterred investment in Africa’s largest crude producer, Vice President Yemi Osinbajo said. Breaking up the Petroleum Industry Bill, or PIB, into smaller laws focused on fiscal and regulatory measures in Nigeria’s energy industry would make it easier to pass through parliament, he said. The bill, first presented to parliament in 2008, will be resent to lawmakers in the first quarter of 2016.